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Upsurge Investment & Finance reports standalone net profit of Rs 2.74 crore in the March 2024 quarter

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Sales rise 369.66% to Rs 20.43 crore

Net profit of Upsurge Investment & Finance reported to Rs 2.74 crore in the quarter ended March 2024 as against net loss of Rs 2.80 crore during the previous quarter ended March 2023. Sales rose 369.66% to Rs 20.43 crore in the quarter ended March 2024 as against Rs 4.35 crore during the previous quarter ended March 2023.

For the full year,net profit rose 2154.00% to Rs 11.27 crore in the year ended March 2024 as against Rs 0.50 crore during the previous year ended March 2023. Sales rose 77.67% to Rs 57.85 crore in the year ended March 2024 as against Rs 32.56 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales20.434.35 370 57.8532.56 78 OPM %16.25-78.62 -23.093.29 - PBDT3.28-3.50 LP 13.220.90 1369 PBT3.28-3.50 LP 13.190.87 1416 NP2.74-2.80 LP 11.270.50 2154

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First Published: May 21 2024 | 3:41 PM IST

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